Registered number
03550041
OPL CONSTRUCTION LIMITED
Filleted Accounts
30 April 2023
OPL CONSTRUCTION LIMITED
Registered number: 03550041
Balance Sheet
as at 30 April 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 430,180 428,485
Current assets
Debtors 4 14,217 -
Cash at bank and in hand (1,597) 102
12,620 102
Creditors: amounts falling due within one year 5 (26,527) (50,867)
Net Current Liabilities (13,907) (50,765)
Total assets less current liabilities 416,273 377,720
Creditors: amounts falling due after more than one year 6 (166,453) (152,114)
Net Assets 249,820 225,606
Capital and reserves
Called up share capital 100 100
Profit and loss account 249,720 225,506
Shareholder's funds 249,820 225,606
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
OP LeBault
Director
Approved by the board on 20 February 2024
OPL CONSTRUCTION LIMITED
Notes to the Accounts
for the year ended 30 April 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover includes revenue earned from the rendering of services and rentals received from business premises.
Tangible fixed assets
Tangible fixed assets, excluding Investment Properties, are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life. Investment Properties are initially included at cost and are subject to Fair Value assessment. At the Balance Sheet Date the Director considered the fair value to be reasonably close to cost. The Depreciation rates used in these accounts are:
Freehold buildings Not depreciated
Leasehold land and buildings Not depreciated
Plant and machinery 10% Reducing Balance
Fixtures, fittings, tools and equipment 10% Reducing Balance
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Land and buildings Plant and machinery etc Total
£ £ £
Cost
At 1 May 2022 395,223 88,969 484,192
Additions - 5,695 5,695
At 30 April 2023 395,223 94,664 489,887
Depreciation
At 1 May 2022 - 55,707 55,707
Charge for the year - 4,000 4,000
At 30 April 2023 - 59,707 59,707
Net book value
At 30 April 2023 395,223 34,957 430,180
At 30 April 2022 395,223 33,262 428,485
Freehold land and buildings: 2023 2022
£ £
Historical cost 395,223 395,223
Cumulative depreciation based on historical cost - -
395,223 395,223
4 Debtors 2023 2022
£ £
Trade debtors 14,217 -
5 Creditors: amounts falling due within one year 2023 2022
£ £
Bank loans and overdrafts 21,631 36,440
Taxation and social security costs 4,896 6,382
Other creditors - 8,045
26,527 50,867
6 Creditors: amounts falling due after one year 2023 2022
£ £
Bank loans 166,453 152,114
7 Loans 2023 2022
£ £
Creditors include:
Instalments falling due for payment after more than five years 93,802 94,164
Secured bank loans 141,312 155,182
Secured bank loans are charged on the Company's land and buildings
8 Related party transactions
Dividend paid to Mr OP LeBault in the year £nil (2022 £Nil).
9 Controlling party
Mr OP LeBault
10 Other information
OPL CONSTRUCTION LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
39 Knoll Drive
Coventry
W Midlands
CV3 5BU
OPL CONSTRUCTION LIMITED 03550041 false 2022-05-01 2023-04-30 2023-04-30 VT Final Accounts March 2021 (final release) OP LeBault No description of principal activity 03550041 2021-05-01 2022-04-30 03550041 core:WithinOneYear 2022-04-30 03550041 core:AfterOneYear 2022-04-30 03550041 core:ShareCapital 2022-04-30 03550041 core:RetainedEarningsAccumulatedLosses 2022-04-30 03550041 2022-05-01 2023-04-30 03550041 bus:PrivateLimitedCompanyLtd 2022-05-01 2023-04-30 03550041 bus:AuditExempt-NoAccountantsReport 2022-05-01 2023-04-30 03550041 bus:Director40 2022-05-01 2023-04-30 03550041 core:LandBuildings 2022-05-01 2023-04-30 03550041 core:PlantMachinery 2022-05-01 2023-04-30 03550041 countries:England 2022-05-01 2023-04-30 03550041 bus:FRS102 2022-05-01 2023-04-30 03550041 bus:FullAccounts 2022-05-01 2023-04-30 03550041 2023-04-30 03550041 core:WithinOneYear 2023-04-30 03550041 core:AfterOneYear 2023-04-30 03550041 core:ShareCapital 2023-04-30 03550041 core:RetainedEarningsAccumulatedLosses 2023-04-30 03550041 core:LandBuildings 2023-04-30 03550041 core:PlantMachinery 2023-04-30 03550041 2022-04-30 03550041 core:LandBuildings 2022-04-30 03550041 core:PlantMachinery 2022-04-30 iso4217:GBP xbrli:pure